The risk/reward remark you made is a reason why someone MIGHT buy those deals, see #1 from my post.

@Sean HaranInvesting in real estate can be a rewarding journey, especially when researching cities like Detroit and Tampa.

Some of our assets we are okay with poor returns.As we started looking at net worth the key benefit for us was looking at our Risk/reward by asset types.For comfort we wanted x years of cash equivalents available.  

I want to know that first and foremost, and then we can have a conversation about what the right call is to make with respect to the underlying investment because I will trust the decision making of a GP with years of substantited experience and a few losses on the board over  th the novice who purports to have a perfect track record. nahhhh .... experienced GP Fund got hammered too because in their 15 holdings or so they use bridge loan and floating. there's almost no such thing as good and bad as it's 90% losing money in there when they are not using fixed debt. it's just simple math. the only way real estate could have better risk/reward is to have long term 10 years or so financing with fixed rate.

Real Estate can be tricky to navigate but when you do it's one of the most fulfilling and rewarding Industries to work in. 

Is the 10% pref and 50/50 split fair given the risk and potential reward?

It should be hard and rare, because there is consequences to a life of limited financial performance just as there rightly should be benefits and rewards to the decisions that build a life of financial plenty. 

This not only enhances your home's appearance but also improves safety and security.Install Window Boxes: Adding window boxes with colorful flowers or greenery can instantly boost your home's charm factor.

I read that CC cashbacks/rewards are not taxable, but should reduce the expenses allowed for deduction.

This place was a mess but its now a charming home that people love and it cashflows super well!